2 bed · 2 bath · 833 sq ft · 1 parking
Condo · Single Family · built 2017 · 165 days on market
Listed by Diana Hu, Macdonald Realty Westmar
Realtor's description
Welcome to CADENCE by Cressey Development. This NORTH EAST facing Corner unit features open and functional layout full out with tons natural lights, 2 good sized bedroom, 2 bath with radiant floor, gourmet kitchen equipped with high-end appliances, quartz countertop, gas stove. A/C and heat pump for cooling and heating system. Excellent location on quiet side of the complex and possess stunning mountain peak and garden views. 1 locker and 1 parking with EV charger station. Great amenities include club house, Steam room. Multipurpose room, meeting room and Concierge. Central located in Richmond Oval community, steps to restaurants, bank, Shoppers Drug Mart, Rona, walking distance to River Front and skytrain Lansdowne station and easy access to Vancouver downtown and YVR.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 833 sq ft
- Parking
- 1
- Year built
- 2017
- Property tax
- $2,581 / yr
- Strata fee
- $617 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 165
- MLS®
- R3115996
Features
- Central location
- Elevator
- Gated community
- Pets Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,046/mo
- After all costs
- −$2,156/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,172 · tax $215 · strata $617 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Richmond (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Schools
Catchment schools, Richmond School District 38
- Elementary Samuel Brighouse Elementaryhomes in this catchment
700 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
1.4 km away · 7171 Minoru Blvd, Richmond · 604-668-6400
From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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